Hi Everyone,
First off, I’m new to the forum and this is my initial post. I know there is an official “Meet and greet section” but just wanted to get this out of the way.
I’m currently employed at a large IT consulting firm. They treat me well, the pay is decent and I’m comfortable and feel relatively secure. However, I never wanted to be a “Corporate hero”. My dad started a small business at 29 in 1998 and it still exists today … barely. He still has a client base that needs service. I have been thinking about starting my own gig for over 4 years now. I am about to hit 31 years old and last year I decided it was time to proceed.
I currently have 4 clients of my own on the side while working full time. I have managed to do things a bit backwards in terms of starting the business. I have created the web site, added to Google places, I have a phone number and an official business address. I have begun marketing on Craigslist consistently.
My question is on the next steps to take. My business name is called BayNetworx. I have not filed a fictitious name statement. I don’t know whether or not I should just file a fictitious name statement as a sole proprietor or form an LLC. I will be dealing with clients data, hardware and computer networks.
Please provide me any insight on the benefits of either one. My current income from the clients is billed directly to me by name and not by business name and I don’t have a business checking account.
Thanks in advance,
Dan
First off, I’m new to the forum and this is my initial post. I know there is an official “Meet and greet section” but just wanted to get this out of the way.
I’m currently employed at a large IT consulting firm. They treat me well, the pay is decent and I’m comfortable and feel relatively secure. However, I never wanted to be a “Corporate hero”. My dad started a small business at 29 in 1998 and it still exists today … barely. He still has a client base that needs service. I have been thinking about starting my own gig for over 4 years now. I am about to hit 31 years old and last year I decided it was time to proceed.
I currently have 4 clients of my own on the side while working full time. I have managed to do things a bit backwards in terms of starting the business. I have created the web site, added to Google places, I have a phone number and an official business address. I have begun marketing on Craigslist consistently.
My question is on the next steps to take. My business name is called BayNetworx. I have not filed a fictitious name statement. I don’t know whether or not I should just file a fictitious name statement as a sole proprietor or form an LLC. I will be dealing with clients data, hardware and computer networks.
Please provide me any insight on the benefits of either one. My current income from the clients is billed directly to me by name and not by business name and I don’t have a business checking account.
Thanks in advance,
Dan
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